To: Solow591
A principal reason for this is an infusion of Money into Social Security. Those earning MINIMUM WAGE pay little or NO INCOME TAX.
However, they pay Social Security on every dollar they earn!
INDIVIDUAL INCOME TAX PAYERS:
Top 5% pay 55% of the total.
Bottom 50% pay <4% of the total.
To: leprechaun9
71 posted on
07/28/2006 9:21:12 AM PDT by
the OlLine Rebel
(Common sense is an uncommon virtue.)
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